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BPR 175 - Debt purchase transactions

Wednesday, 30 July 2014   (0 Comments)
Posted by: Author: SARS
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Author: SARS

SARS has published Binding Private Ruling 175, which deals with the purchasing of debtors books from businesses across various industry sectors.

Please click here to access the ruling. 



Section 240A of the Tax Administration Act, 2011 (as amended) requires that all tax practitioners register with a recognized controlling body before 1 July 2013. It is a criminal offense to not register with both a recognized controlling body and SARS.

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